So many people will live the rest of their life doing nothing about Bitcoin, not because they can't afford to invest but they so much believe that Bitcoin value is just too high.
In 2020 I begged someone who buy Bitcoin, even while it was very cheap at the time he said it's too expensive, he has the money but Bitcoin proved him wrong just a few months into 2021. I told him to start buying at 58,000 this year again and he still gave me the same excuse that it's too high, he expected same price as the 2020 again before he can buy. I just get to know that no matter what happens some people will never buy Bitcoin even when they can afford it.
I don't take this to heart but I do wish I am the one in his shoes, I don't make a lot to take advantage of bitcoin like I wanted, if not I would have make a lot, still, all I learnt is that many people won't take opportunities presented to them, it's not their fault anyways, can't force anyone to invest in something they don't believe in.
I don't think they understand the intrinsic value of Bitcoin, and those who say "Bitcoin is expensive" or "It is too expensive" don't really understand it. If they did, they would change their perspective on Bitcoin.
Let me outline some of the intrinsic values of Bitcoin that I got from a reference :
1. Security-wise, Bitcoin is highly secure against any attack, and has never been hacked.
2. Decentralization-wise, Bitcoin simplifies transactions, and all transaction records are validated by numerous validators, making it difficult to manipulate.
3. Scarcity-wise, Bitcoin is extremely rare, with only 21 million Bitcoins ever created, and cannot be printed more, like fiat, the mining reward decreases over time, making it more valuable due to its difficulty in obtaining it.
4. Utility-wise, Bitcoin can be useful as a transaction tool, and it can even be used for investment purposes. Many people, even countries, have used Bitcoin as a transaction tool or investment. I recall a campaign donation in a country that uses Bitcoin as a transaction tool, as well as a country that uses Bitcoin as a state asset.
Reference :
pintu.co.id - Bitcoin's Intrinsic Value (Need translation, from Bahasa/Indonesian to English, to read it)
In essence, Bitcoin intrinsic value, its usefulness, and its ability to adapt to changing times, will always make it valuable, even extremely valuable. So, Bitcoin will be very valuable in the future, and this is what they don't know. By the way, I am sure the people who say Bitcoin is "expensive" have been around for several years, even when the price was around $1,000.
So, do you still say Bitcoin is expensive?
If you still don't understand, try looking at Nvidia stock over time, up until now. Why do you think Nvidia value has increased? And how did people know the potential demand for graphics cards would increase in the future? Well, the answer is "Intrinsic Value", and Bitcoin has it. I am very confident that the demand for Bitcoin will increase over time, it is only a matter of time until we see Bitcoin prices very high in the future. Cmiiw.